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pound dollar forecast buy pullbacks below 1.32 amid economic concerns

The Pound to Dollar exchange rate struggled to maintain levels above 1.3300, with UBS suggesting potential pullbacks below 1.32 due to global tariff de-escalation. Weak US consumer confidence and rising inflation expectations are fueling stagflation fears, which may further weaken the dollar. Meanwhile, hopes for improved UK-EU relations could support the Pound, with upcoming UK economic data expected to be pivotal for its direction.
currencynews.co.uk
British Pound Sterling United States Dollar UBS Group AG DEUTSCHE BANK AG CHN GBR USA George Saravelos Mathew Ryan Joanne Hsu Show more
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23:05 16.05.2025
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